Eternity Law International News Crypto license in Slovenia

Crypto license in Slovenia

Published:
October 16, 2022

Activities of Slovenian crypto-currency firms are encouraged and supported in every possible way, as well as the entire field as a whole. There are many conferences organized in the country that are related to this industry. As part of these events, issues of launching a cryptobusiness in the state, the effectiveness of state-established regulation, and so on are discussed. The importance for entrepreneurs who want to open organizations in this particular niche is such a moment as a crypto license in Slovenia.

Open a cryptocurrency company in Slovenia

An increasing number of organizations are introducing crypto-currencies into their activities, mainly bitcoin. This was the reason why the Slovenian government decided to create a separate legislative framework for crypto-assets. In particular, it was indicated since crypto-currency is a form of virtual funds, it is not considered a monetary asset, and therefore is not subject to taxation in this jurisdiction. Tax must be paid only on the income generated by operations with cryptocurrencies. The rate for it is equal to the income tax rate for the country.

Digital currency may be regarded and received as payments by firms and individuals. In addition, cryptocurrencies may be used as a means of exchanges, respectively, they may be sold, transferred or kept.

Investors are also motivated to obtain cryptolicense in Slovenia by the fact professional labor resources are accessible in state at a lower cost many EU countries offer. Local specialists are also ready to cooperate with foreign entrepreneurs and offer them their assistance.

Registration of cryptobusiness in Slovenia

For launching a crypto-company in Slovenia or set up crypto exchanger in Slovenia,  an entrepreneur needs to complete a number of the following steps:

  • choose the type and direction of activity that the company will carry out, according to the classification in force there. Particularly, a cryptofirm has access to crypto-currency conversion services, the opening and maintenance of virtual wallets, cryptographic tokens and the implementation of commercial consultations related to issues related to crypto-currencies;
  • establishment of a firm for goals of fulfilling purposes of taxation as an enterprise or an individual.

If an entrepreneur is approved as an individual, then he/she will be required to report all profit that was received from crypto-currency mining. In addition, on days when incomes in crypto-currency are received, entrepreneurs need to convert the corresponding amount into euros.

Crypto-currency activities in Slovenia

Today, crypto-ecosystem in this jurisdiction is quite developed and widely represented. Firms that fall into this commercial category may offer next-mentioned activities:

  • cryptocurrencies sales;
  • advising other businesspersons and organizations on issues related to the use and circulation of cryptocurrencies;
  • creation and launch of blockchain platforms serving various categories of investors;
  • provision of specific advice for entities that operate in the sector;
  • cryptoexchanges;
  • provision of crypto-currency ATMs – there are already several such machines locally.

When getting cryptolicense in Slovenia, following points needed to be considered:

  • firms providing cryptoexchange services, wallets and others needed to be registered with National Bank within six months;
  • cryptoexchanges must be registered within three months.

Failure to comply with these provisions may result in a fine.

We are ready to assist you in getting cryptocurrency license In Slovenia and advise you on running a crypto-business in different jurisdictions. Our experts have vast competent experience and extensive knowledge in this area. Contact us right now – we will offer you the best variant from a variety of ready-made companies for sale.

You can see our current offers in the categories “Cryptocoins and licensing of cryptocurrency operations”, “Banks for sale” and “Licenses for sale”.

You could be interested

Virtual office

A virtual office is a business place that can be operated remotely. Thanks to the virtual office service, business owners and employees can work from anywhere in the world. All you need to do is have a computer or smartphone and Internet access. A virtual office can provide significant savings and flexibility when compared to...

Benefits of FCA forex broker in UK

A forex dealer permit in the United Kingdom is quite possibly the loftiest on the planet and can be seen as a seal of endorsement that numerous new representatives try to achieve one day. It is necessary for organizations in the UK whether a business, resource administrator, dealer, or monetary speculation firm the action to...

Forex license in Seychelles

The FX-interchange market is a global decentralized marketplace for trading currencies. It offers numerous opportunities for individuals and businesses to participate in the lucrative world of currency trading. If you are considering installation a FX brokerage or expanding your existing actions, Seychelles, presents an attractive destination for acquiring a Seychelles Forex licensee. This article will...

Crowdfunding in Portugal

Presently, in Portugal, if you aim to transform crowdfunding into a business endeavor, securing the green light is a must. This obligation doesn’t extend to individuals merely availing themselves of these platforms. Nevertheless, given the entrepreneurial nature of this pursuit, it draws parallels with stock dealings, thus warranting regulatory measures. Crowdfunding in Portugal commenced grappling...

Blockchain Life 2019 in Singapore

The global forum Blockchain Life 2019 brings together more than 3000 participants from 70+ countries. Founders of top blockchain and crypto companies, investors, developers, crypto traders, CEOs of projects, entrepreneurs and businessmen are coming to Blockchain Life 2019 on April 23-24 in Singapore. Buy your ticket to the show now at http://blockchain-life.com Representatives of Binance and Huobi are also joining the event as...

Taxes in Saint Kitts and Nevis

Nevis is the first offshore jurisdiction to start registering offshore LLCs. Nevis and Saint Kitts are tax-free offshore jurisdictions. On them, more and more often the choice falls during personal tax planning. One of the reasons for such a high level of popularity in Nevis is the strong and reliable protection of customer privacy that...
Fill the blank:

Zurich

Dreikonigstrasse, 31A, Stockerhof

Kyiv

Baseina street, 7

London

Grosvenor Gardens, 52

Washington

1629 K St. Suite 300 N.W.

Vilnius

Gediminas Avenue, 44A

Tallinn

Kesklinna linnaosa, Tuukri 19

Edinburgh

Lochrin Square, 1

Nicosia

Jacovides Tower, 5 floor

Riga

Esplanade, 7 floor

Hong Kong

18 Harbour Road, 35/F, Central Plaza, Wanchai

Singapore

Level 42, Suntec Tower Three, 8 Temasek Boulevard

Sydney

20 Martin Place

Porto

2609 Avenida da Boavista

Tbilisi

Revaz Tabukashvili Str., N 45, area N 7